来源：新浪证券-红岸工作室 12月15日，庄园牧场涨3.39%，成交额9667.14万元，换手率5.49%，总市值20.30亿元。 异动分析 乳业+生态农业+宠物经济+国企改革+乡村振兴 1、兰州庄园牧场股份有限公司主要从事乳制品和含乳饮料的生产、加工、销售及奶牛养殖业务，产品 包括以荷斯坦牛奶为主要原料的巴氏杀菌乳、灭菌乳、调制乳、发酵乳、含乳饮料等各类液态乳制品， 分别主要拥有"庄园牧场"、"圣湖"、"东方多鲜庄园"三个乳品品牌。 2、庄园牧场此前一直在西北地区发力，秉持"以质量求生存"的发展理念，坚持"市场开发与供给能力相 协调"的平衡发展战略，适应产品"安全、新鲜"的质量管理要求，在打造集奶牛养殖、生鲜乳采购、乳 制品加工及产品运销为一体的安全可控的产运销体系的基础上，以生产基地为中心，在合理的配送半径 内逐步开拓市场。凭借新鲜可靠的产品品质和特色鲜明的产品品种，庄园牧场目前已经成为甘肃、青海 乳制品龙头企业，市场占有率高达20%。 3、根据证券时报网2025年8月24日新闻：在传统乳业面临成本持续上涨与市场竞争白热化的双重压力 下，甘肃省农垦集团有限责任公司旗下上市公司兰州庄园牧场股份有限公司（以下 ...

来源：新浪证券-红岸工作室 12月2日，庄园牧场涨0.18%，成交额8569.71万元，换手率4.50%，总市值21.96亿元。 异动分析 乳业+生态农业+宠物经济+国企改革+乡村振兴 5、据2023年4月13日互动易回复：庄园牧场作为国家级农业产业化龙头企业，一如既往地积极响应国家 关于实现乡村振兴的政策，坚定不移地支持全面推进乡村振兴的各项工作。公司在确保稳健经营的基础 上，通过产业链带动方式践行乡村振兴工作，主要包括与公司驻地合作社签订物流配送协议支付物流运 输款带动农户增收；与公司自有牧场驻地周边乡镇以"公司+基地+农户"的订单收购模式收购全株玉米 带动农户增收；通过租赁自有牧场驻地农户土地的方式以及通过吸纳驻地农户就业等方式带动农户增 收。 (免责声明：分析内容来源于互联网，不构成投资建议，请投资者根据不同行情独立判断) 资金分析 今日主力净流入-151.45万，占比0.02%，行业排名16/27，连续2日被主力资金减仓；所属行业主力净流 入-6332.08万，连续2日被主力资金减仓。 区间今日近3日近5日近10日近20日主力净流入-119.13万138.45万457.44万-489.15万-535 ...

Core Insights - Lanzhou Zhuangyuan Pasture Co., Ltd. celebrated its 25th anniversary, reflecting on its journey and future development in the dairy industry [1][3] - The company has established a comprehensive industrial chain encompassing dairy farming, product research and development, production, and sales, with significant achievements in the Northwest dairy sector [1][5] Group 1: Company Achievements - Since its inception in 2000, the company has built 11 modern farms and has over 30,000 dairy cows, with an annual raw milk processing capacity of 300,000 tons [1][3] - The company has received multiple honors, including being recognized as a "National Key Leading Enterprise in Agricultural Industrialization" and a "Top 20 High-Growth Agricultural Enterprises in China" [3][4] Group 2: Innovation and Cultural Integration - The company emphasizes innovation, launching new products that integrate local cultural elements, such as the "Old Lanzhou" series of yogurts and Tibetan milk tea [4][5] - Collaborations with local cultural institutions and brands aim to enhance brand youthfulness and international appeal, including the launch of a pet food brand meeting human-grade standards [4][5] Group 3: Strategic Expansion - Following the acquisition by Gansu Agricultural Reclamation Group in 2021, the company accelerated its national market expansion, establishing sales centers in East and South China [5][6] - In 2024, the company successfully entered the Hong Kong and Southeast Asian markets, marking a significant milestone in its international outreach [6]

Core Insights - Lanzhou Zhuangyuan Pasture celebrated its 25th anniversary, reflecting on its journey and future strategies in the dairy industry [1][2][3] Company Overview - Lanzhou Zhuangyuan Pasture started in 2000 and has developed a full industry chain encompassing dairy farming, product R&D, production, and sales [1] - The company operates 11 modern farms with over 30,000 dairy cows and has established three processing bases in Gansu, Qinghai, and Shaanxi, with an annual raw milk processing capacity of 300,000 tons [1] Quality and Safety - The company prioritizes quality and safety, having established a comprehensive quality control traceability system from farm to table, and has received multiple international certifications [1] - It has been recognized as a key leading enterprise in agricultural industrialization and has won several awards, including the National Science and Technology Progress Award [1] Innovation and Product Development - The company has launched a series of regionally inspired products, such as "Old Lanzhou" yogurt, and is exploring cultural integration with products like creative yogurt and local tea drinks [2] - In 2025, the company plans to operate a new sightseeing farm and introduce a pet food brand, expanding its business boundaries [2] Market Expansion - Following the acquisition by Gansu Agricultural Reclamation Group in 2021, the company accelerated its national market layout, establishing sales centers in East and South China [2] - The company has achieved continuous year-on-year growth in online sales and has expanded its product distribution through vending machines in transportation hubs [2] - In 2024, the company plans to enter the Hong Kong and Southeast Asian markets, marking a breakthrough in dairy exports from Gansu [2] Future Strategy - The company aims to leverage national policies and support from the Agricultural Reclamation Group to enhance its competitiveness in the national market [3] - It is committed to driving innovation and quality improvement to increase the national influence of its products, aiming for high-quality development and contributing to the revitalization of China's dairy industry [3]

Core Viewpoint - The company, Lanzhou Zhuangyuan Pasture Co., Ltd., is expanding its business into the pet food sector while maintaining its stronghold in the dairy industry, despite facing challenges from rising costs and intense market competition [3]. Company Overview - Lanzhou Zhuangyuan Pasture Co., Ltd. primarily engages in the production, processing, and sales of dairy products and dairy beverages, as well as dairy cattle farming. Its product range includes pasteurized milk, sterilized milk, fermented milk, and various liquid dairy products under the brands "Zhuangyuan Pasture," "Shenghu," and "Dongfang Duoxian Zhuangyuan" [2]. - The company has established itself as a leading dairy producer in Gansu and Qinghai, holding a market share of 20% [2]. Financial Performance - For the period from January to September 2025, the company reported a revenue of 629 million yuan, a year-on-year decrease of 3.10%. However, the net profit attributable to the parent company was -48.44 million yuan, showing a significant year-on-year increase of 59.08% [9]. Market Position and Strategy - The company has adopted a balanced development strategy that aligns market development with supply capacity, focusing on quality management to meet the demands for safe and fresh products [2]. - As a state-owned enterprise, it is committed to supporting national rural revitalization policies and has implemented various initiatives to increase farmers' income through logistics agreements and agricultural product procurement [4]. Recent Developments - At the 27th Asia Pet Expo, the company launched its pet food brand "Safiyy," which features a unique "milk beef" ingredient, marking its entry into the pet food market [3]. Shareholder Information - As of September 30, 2025, the company had 18,100 shareholders, a decrease of 12.97% from the previous period, with an average of 9,466 circulating shares per shareholder, an increase of 14.91% [9]. - The top ten circulating shareholders include notable funds, indicating a diversified ownership structure [10].

Core Viewpoint - The company, Lanzhou Zhuangyuan Pasture Co., Ltd., is actively expanding its business in the dairy industry while exploring new opportunities in the pet food sector amidst rising costs and intense market competition [3][4]. Company Overview - Lanzhou Zhuangyuan Pasture Co., Ltd. primarily engages in the production, processing, and sales of dairy products and dairy beverages, as well as dairy cattle farming. Its product range includes pasteurized milk, sterilized milk, fermented milk, and various liquid dairy products under brands such as "Zhuangyuan Pasture," "Shenghu," and "Dongfang Duoxian Zhuangyuan" [2][9]. - The company has established itself as a leading dairy product enterprise in Gansu and Qinghai, holding a market share of 20% [2]. Business Strategy - The company adheres to a development philosophy of "survival through quality" and maintains a balanced development strategy that aligns market development with supply capacity. It focuses on creating a safe and controllable production and sales system [2][4]. - The company is committed to supporting rural revitalization policies and has implemented various initiatives to increase farmers' income through logistics agreements and order-based procurement models [4]. Financial Performance - For the first half of 2025, the company reported operating revenue of 420 million yuan, a year-on-year decrease of 1.31%. However, it achieved a net profit attributable to shareholders of -27.67 million yuan, reflecting a year-on-year increase of 68.50% [9][10]. - The company has distributed a total of 64.69 million yuan in dividends since its A-share listing, with 12.20 million yuan distributed over the past three years [10]. Market Activity - On October 23, the company's stock price decreased by 0.37%, with a trading volume of 131 million yuan and a turnover rate of 7.17%, resulting in a total market capitalization of 2.094 billion yuan [1].

Core Viewpoint - The company, Lanzhou Zhuangyuan Pasture Co., Ltd., is leveraging new marketing strategies and product diversification to enhance its market presence in the dairy industry, while also exploring opportunities in the pet food sector amidst rising costs and competition in traditional dairy markets [2][3]. Company Overview - Lanzhou Zhuangyuan Pasture Co., Ltd. primarily engages in the production, processing, and sales of dairy products and dairy beverages, including pasteurized milk, sterilized milk, and fermented milk, under brands such as "Zhuangyuan Pasture," "Shenghu," and "Dongfang Duoxian Zhuangyuan" [2][3][9]. - The company is a state-owned enterprise controlled by the Gansu Provincial Government's State-owned Assets Supervision and Administration Commission [4]. Financial Performance - For the first half of 2024, the company reported a revenue of 420 million yuan, a year-on-year decrease of 1.31%, while the net profit attributable to shareholders was a loss of 27.67 million yuan, showing a year-on-year increase of 68.50% in losses [9]. - The company's main revenue sources include sterilized milk (37.04%), fermented milk (24.37%), and adjusted milk (22.21%) [9]. Market Strategy - The company has implemented integrated marketing strategies, including collaborations with tourism routes to promote new products and enhance market expansion through online and offline channels [2][3]. - The launch of the pet food brand "Safiyy," featuring a unique "milk beef" ingredient, marks the company's entry into the pet food market, capitalizing on emerging opportunities [3]. Market Position - Zhuangyuan Pasture has established itself as a leading dairy product company in Gansu and Qinghai, with a market share of approximately 20% [3].

Core Viewpoint - The company, Lanzhou Zhuangyuan Pasture Co., Ltd., is leveraging new marketing strategies and product diversification to navigate challenges in the traditional dairy industry and expand its market presence [2][3]. Company Overview - Lanzhou Zhuangyuan Pasture Co., Ltd. primarily engages in the production, processing, and sales of dairy products and dairy beverages, as well as dairy cattle farming. Its product range includes pasteurized milk, sterilized milk, and fermented dairy products under brands such as "Zhuangyuan Pasture," "Shenghu," and "Dongfang Duoxian Zhuangyuan" [2][8]. - The company was established on April 25, 2000, and went public on October 31, 2017. It is headquartered in Lanzhou, Gansu Province [8]. Financial Performance - For the first half of 2025, the company reported revenue of 420 million yuan, a year-on-year decrease of 1.31%. The net profit attributable to shareholders was -27.67 million yuan, an increase of 68.50% compared to the previous year [9]. - The company's main business revenue composition includes liquid milk and dairy products at 92.63%, livestock farming at 4.60%, and others at 2.77% [9]. Market Strategy - The company has implemented a series of integrated marketing strategies, including promoting new products through tourism routes and leveraging social media platforms for marketing. This approach aims to enhance brand awareness and drive sales [2][3]. - The company has also entered the pet food market with its brand "Safiyy," which features a unique "milk beef" ingredient, targeting new growth opportunities [3]. Market Position - Lanzhou Zhuangyuan Pasture has established itself as a leading dairy product company in Gansu and Qinghai, holding a market share of approximately 20% [3]. - The company is a state-owned enterprise, ultimately controlled by the Gansu Provincial Government's State-owned Assets Supervision and Administration Commission [4]. Shareholder Information - As of June 30, 2025, the number of shareholders was 20,800, a decrease of 17.22% from the previous period. The average circulating shares per person increased by 20.81% to 8,237 shares [9]. - The company has distributed a total of 64.69 million yuan in dividends since its A-share listing, with 12.19 million yuan distributed over the past three years [10].